Skip to content

economic

Glimpse of media center for 7th CIIE

Share – WeChat This photo taken on Nov 3, 2024 shows the public working area at the media center for the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in Shanghai. The media center of the 7th CIIE opened on Sunday to provide services for journalists. [Photo/Xinhua] 1 2…

Balance needed to achieve goals

The 90th International Forum on China Reform attracts a large number of experts from both home and abroad to discuss the challenges China is facing on its road to reform. CHINA DAILY As China moves forward with its vision for a high-standard socialist market economy, the pivotal issue of balancing the relationship between the government and…

China’s economic vitality continues to improve: official

An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY China’s purchasing managers index for the manufacturing sector improved for the second consecutive month in October to a six-month high of 50.1, recovering back to the expansionary territory, the National Bureau of Statistics said on…

China’s Gen Z seeks emotional value in purchases

A man and a woman check a blind box in front of a Pop Mart vending machine in Shanghai on Dec 23, 2020. [Photo/IC] China’s Generation Z consumers have become increasingly drawn to purchases that offer emotional value, such as the popular blind box toys, South China Morning Post reported on Sunday. In a recent…

Detailed fiscal package set to be unveiled

Detailed stimulus policies, including proactive fiscal expansion, are likely to be rolled out to address China’s local government debt issue and facilitate a steady economic recovery, as China’s top legislature is set to convene a highly anticipated session next month. The Standing Committee of the 14th National People’s Congress will convene its 12th session from…

Yangling agri fair brings innovation to doorstep

A view of the 31st China Yangling Agricultural High-Tech Fair held in Shaanxi province’s Yangling demonstration zone. MA ZHAO/FOR CHINA DAILY With an expanded global reach and commitment to pushing the boundaries of agricultural progress, the 31st China Yangling Agricultural High-Tech Fair, held from Friday to Tuesday, brought a fresh wave of global agricultural innovation…

China to introduce new policies in November to boost consumption: official

A consumer (right) learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY BEIJING — China will launch a series of consumption promotion events in five major cities in November and roll out new policies aimed at boosting consumer spending, Vice-Minister of Commerce Sheng Qiuping said Friday.…

Beijing plans global hub for green economy

A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] Beijing has launched an initiative to establish itself as a global green economy hub, with a focus on technological innovation, industrial development and sustainable urban planning, aiming to achieve the goal by 2035. The plan’s first phase target is that by 2027, Beijing would…

Expanding BRICS paves way for global growth

A seller from India demonstrates specialty masala chai during an expo in Shenzhen, Guangdong province, in May. [Photo/Xinhua] BEIJING — The 16th BRICS Summit that took place last week in Kazan, Russia, marks a new step in the development of the BRICS cooperation mechanism. Initially a roadmap for major emerging markets with considerable economic potential,…

‘Whoosh’ marks one year of success in Indonesia

A Chinese high-speed train driver (center) instructs his Indonesian counterpart (right) inside the driving cabin of a high-speed train in Bandung, Indonesia, in September. [Photo/Xinhua] JAKARTA — Indonesia on Oct 17 held a grand celebration on the anniversary of the Jakarta-Bandung High-Speed Railway, a landmark project as Southeast Asia’s first high-speed rail. With a speed…